NC grants to create 321 jobs, trigger $54M in private investment, governor says

RALEIGH  – Seven grants totaling more than $2.6 million from the North Carolina Rural Infrastructure Authority (RIA) will lead to some 321 jobs – 130 more than already announced – and lead to private investment of nearly $54 million, according to Gov. Roy Cooper.

• Halifax County: A $500,000 grant will support the reuse of a 700,000-square-foot building in Roanoke Rapids. Five Goods, Inc., a company that focuses on food importation and wholesaling, plans to establish a location at this facility. The project is expected to create 50 jobs, with an accompanying private investment of $2,308,170.
• Stanly County: A $375,000 grant will support the reuse of a 227,700-square-foot building in New London. Clayton Supply, Inc., a home manufacturer that builds, supplies, sells, finances, and leases homes, plans to establish a location at this facility. The project is expected to create 263 jobs overall, with 191 jobs and an investment of $46,579,538 tied to this grant. 
• Chatham County: A $100,000 grant will support the renovation of a 204,832-square-foot building in Goldston. The building is occupied by Conveyor Tech, LLC, a manufacturer of equipment in the electronics assembly industry, and one of two printed circuit board manufacturers in the United States. The company expects to create 20 jobs and invest $899,000 in this project.
• Pitt County: A $180,000 grant will support the renovation of a 92,000-square-foot building in Greenville. The building’s occupant, Catalent Pharma Solutions, is a full-service contract development and manufacturing company that specializes in novel oral solid dosage forms. The company provides pharmaceutical development, analytical testing, and commercial manufacturing services. Through this project, Catalent plans to create 20 jobs while investing $2,915,000.
• Wayne County: A $350,000 grant will support the 29,000-square-foot expansion of a building in Mount Olive. The building is occupied by Goshen Engineering, Inc., an industrial automation company that designs, builds, and installs engineering solutions in a variety of industrial and commercial sectors, including the food production, automotive and electronics sectors. The company expects to create 40 jobs and invest $1,042,109 in this project.
• Nash County: A $750,000 grant will assist the County with the creation of a lift station and additional sewer line expansion for Middlesex Corporate Centre. This additional construction will open up more than 170 more acres of the park for industrial usage. 
• Town of New London (Stanly County): A $384,793 grant will assist the Town in expanding access to their municipal sewer system. The funding will allow the creation of a new connection to the sewer, as well as expansion of the sewer line, enabling Heibar, a site-building division of Clayton Homes, to expand operations. These improvements will provide sewer access to multiple parcels of adjoining land for future use as well. 

The post NC grants to create 321 jobs, trigger $54M in private investment, governor says first appeared on WRAL TechWire.

manufacturing
pharma